Volcker Urges Global Monetary System Overhaul

May 31 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker talks about supervision of the global monetary system and the outlook for his namesake rule designed to rein in banks' proprietary trading. Volcker, speaking with Bloomberg Television's Robyn Meredith on the sidelines of the Asia Global Dialogue in Hong Kong, also discusses the European sovereign debt crisis. (Source: Bloomberg)